But what the Republican budgets actually do is lower the budget caps that are already crushing our research agencies.
Elizabeth Warren
The Public Record
Elizabeth Ann Warren is an American attorney, academic, and politician serving as the senior United States senator from Massachusetts since 2013. A member of the Democratic Party, she has been a prominent advocate for consumer protection, economic equality, and corporate regulation. Warren gained national recognition for her work in establishing the Consumer Financial Protection Bureau and has focused on issues such as student debt relief and healthcare reform during her tenure in the Senate.
The House Republican budget and the Senate Republican budget were both released last week, and both say that they support medical research funding.
In fact, for over 10 years, Congress has been choking off vital funding for medical research and has reduced the buying power of the National Institutes of Health by nearly 25 percent.
Every single Member of Congress I've spoken with says that they support NIH and they support more medical research.
I hope that the Chairman will be looking into concerns about the banks taking on more risks by speculating in commodities like aluminum and gold and oil, and also about increasing civil money penalty caps as two more ways to try to reduce…
Since the day Dodd-Frank was enacted, banks have been looking for ways to chip away at it, roll it back.
If Congress thinks enough time has passed to reopen Dodd-Frank, then we should consider ways to protect taxpayers and the economy, not grant give-aways that further tilt the playing field toward the bigger banks and make our financial…
That is a recipe for missing the buildup of excessive risk in the financial system and it reflects the kind of 'let the banks run free' mindset that created the last financial crisis.
Surely there are areas where we need to strengthen Dodd-Frank to address new concerns or to address old problems that were previously overlooked.
I do not think Congress should take away that discretion from the Fed and simply exempt certain large regional banks from increased Fed scrutiny.
If our technical experts are telling us that plugging more renewable energy into the system can help protect the grid in the face of these extreme weather threats, then we should make it a priority.
The grid is aging. Much of the technology was developed by Thomas Edison and much of the structure was built shortly after World War II.
Well, our power grid has been reliable for so long that, for the most part, no one even thinks about it.
As you know, our electronic health record systems often have trouble matching a particular scan or a test result to the right patient, and those mismatches endanger patients.
Health data ultimately belongs to the patient, not to EHR vendors, and an EHR vendor should not be permitted to 'hoard' patient data in order to gain a business advantage.
It seems past time to eliminate the perverse incentives and administrative barriers and just get this done.
Basically, it's a way to tie a patient to a system, to say the system is not going to share data anywhere else.
In 2015, when cell phones can text pictures instantly around the globe, it just doesn't make sense that potentially lifesaving health information can't be transferred across the street.
I am going to press forward with this bipartisan proposal again in this Congress because far too often the critical details of these settlements are hidden from the public.
Last Congress former Senator Tom Coburn and I introduced a bill called the Truth in Settlements Act which would require the Government to take these settlements with big corporations and make them public, and this bill was blocked from…
Federal law allows individuals, non-profits and small businesses who sue the government and win to recover their costs in a lawsuit if they can show that the Government's legal position wasn't substantially justified.
Our bill would have required Federal agencies to disclose some basic information about the settlement and post a copy of the agreement online, but because we haven't passed the Truth in Settlements Act yet the public can't even see a copy…
I support the effort of the Labor Department to try to get a fiduciary standard for broker-dealers, and I hope it comes through.
The only way we fix that is if we change the rule and say that all of the investment advisors have to put the clients' best interest first.





